AGM - trading statement
At the Annual General Meeting to be held later today, the Chairman, Julie Baddeley, will make the following comments:
"In the first four months of the current financial year, to 31 May 2015, overall gross profit was 4% higher than the same period in the previous year (+8% on a constant currency basis*) and operating profit was 1% higher (+9% on a constant currency basis*).
Sterling remains strong in relation to the Euro and Nordic currencies and this is expected to continue to impact the current year's reported growth rates. Despite this, the Board is encouraged that for the period to 31 May 2015 the Group's trading results were in line with its expectations."
2 July 2015
Harvey Nash Tel: 020 7333 0033
Albert Ellis, Chief Executive
Richard Ashcroft, Finance Director
Tavistock Tel: 020 7920 3150
Matt Ridsdale / Chris Munden / Niall Walsh
* 2015 figures re-translated at 2014 rates
Notes to Editors:
Harvey Nash is a global recruitment business. Our unique portfolio of services, from executive search, professional recruitment to offshore solutions, enables us to engage with clients at every stage of the business cycle. Our relationship-based model underpins the delivery of resilient financial returns and supports sustainable returns to shareholders.
With 8,000 professionals in 47 offices across the USA, Europe, Asia and Australia, the Group has the reach and resources of a global organisation, while fostering a culture of innovation and autonomy that empowers its employees and associates to deliver client-centric solutions.